Must Know: Five Money Rules That Will Change From January 1, 2025

As the calendar flips to 2025, several regulatory and policy updates are set to influence household expenses and personal finances. From cooking gas prices to pension schemes and stock market rules, here are five key changes every individual should be aware of starting January 1.

LPG price revisions

A fresh pricing mechanism for LPG cylinders will take effect, potentially altering monthly budgets. With the government reevaluating subsidy structures, households must prepare for possible cost adjustments.

Pension contributions under EPFO

New regulations by the Employees' Provident Fund Organisation (EPFO) will streamline pension contributions. This move aims to provide greater clarity and benefits for retirees, impacting take-home salaries for working professionals.

UPI transaction charges

Unified Payments Interface (UPI) users may face additional charges for certain transactions. While small-value payments might remain free, premium services could attract fees, influencing how digital payments are utilised.

Stock market timings extended

The stock exchanges are introducing extended trading hours, offering investors more flexibility. This change is expected to increase trading volumes and allow participants to respond to global market developments in real time.

Revised utility costs

Electricity tariffs and other utility charges are also set for revision. These updates are expected to vary regionally, but they will directly affect monthly household expenses.

With these significant changes, it is important for individuals and families to reassess their budgets and plan their finances accordingly.